Minan Peter Francis 4

What Happened
Minan Peter Francis, Enviri Corp’s Executive Vice President & Chief Financial Officer, received equity awards on June 15, 2026: 78,125 restricted stock units (RSUs) and 76,924 performance restricted stock units (PRSUs). Both awards were reported at a $0 acquisition price (standard for grants). The RSUs vest in three equal annual installments; the PRSUs are performance-based and may vest between 0% and 250% of target depending on share-price performance over the performance period.

Key Details

• Transaction date: 2026-06-15; Form 4 filed 2026-06-17 (filed within the typical 2-business-day window).
• Awards: 78,125 RSUs (one-for-one shares on vesting) and 76,924 target PRSUs (reported as a derivative grant). Reported price: $0.
• Potential upside on PRSUs: vesting range 0%–250% of target (at 250% the PRSUs could equal up to ~192,310 shares).
• Shares owned after the transaction: not disclosed in this filing.
• Footnotes: F1 explains the RSU vesting schedule (three equal annual tranches). F2 describes the PRSU performance period (June 1, 2026–June 30, 2029) and the 0%–250% vesting range.
• Filing timeliness: appears timely (no late filing flag).

Context
These entries are compensation grants (reported with code A) rather than open-market purchases or sales; they do not represent an immediate cash purchase or sale and should be viewed as part of executive pay. RSUs convert to common stock as they vest; PRSUs are variable and depend on meeting specific performance/share-price targets. For retail investors, grants signal management compensation alignment with shareholders but are not a direct bullish or bearish trading signal on their own.